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Professor Chris Costello to speak at The Economist's 2015 World Ocean Summit in Portugal

Tuesday, June 2, 2015Posted by: Monica Illes on behalf of James Badham

Bren Professor to Speak at World Ocean SummitChris Costello to present recent work related to sustainable fisheries

Chris Costello

Bren professor Chris Costello is in Portugal this week to speak at The Economistmagazine’s third World Ocean Summit. The sold-out three-day event, which attracts some 250 high-ranking representatives from business, NGOs, academia, foundations, government, and multilateral agencies, is held with the intention of setting “a new global agenda for the ocean economy.”

Professor Costello is scheduled to speak Thursday about two recent fisheries-related research projects he led and that relate to this year’s event theme: “Blue Economy,” which is described by The Economist as follows:

"The ‘blue economy’ is nascent and not yet clearly defined, but it offers a vision of the ocean and coasts as a new source of economic growth, job creation and investment.

"Viewed narrowly, this could simply mean the beginning of a new and intensified phase of conventional economic activity. Yet, a more expansive interpretation sees a blue economy in which economic opportunity is balanced by responsible investment in a sustainable ocean economy — a ‘win-win’ scenario in which the private sector, acting through enlightened self-interest, is a catalyst for both economic development and environmental protection.In this vision, the blue economy is in itself a source of opportunity, investment and growth."